Ass, boobs, Photococking, and things that make a person's eye bleed are still good to go, as long as they aren't illegal (child porn, etc).
Outside of that, the only thing different is that it has been stated that we can't reveal private info on anyone who has taken appropriate measures here to stay anonymous (hiding their email address). Having said that, people can still get trolled if they disclose who they are in a public way like if you tracked them down via a photobucket account or something).
Gip pretty much said it... there's no change to the types of hilarity we can get into, but the unwritten, sort've ambiguous rules here have been codified. Above all things, this will make ensure that mods and admins don't fuck with posters that choose to maintain privacy, since we can see your email addresses, if you're marked as hidden you're hands off (as far as email stalking goes).
Slap is still Slap, dolphins wish to get sexed, and wine gives me heartburn!